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Gold holds firm in positive territories, investment demand to grow in 2020

1 month ago   |   By FXCM

Gold is sitting in bullish territory due to safe-haven investment.
Coronavirus is in the driver's seat, but analysts still expect that investment demand for the yellow metal will grow in 2020.
The price of gold is firm and higher by 0.67% on the day so far, having travelled from a low of $1,556.60 to a high of $1,578.30. Worries with the coronavirus taking a turn for the worse on Wednesday night, following the announcements by the Chinese health officials in the Hubei province reporting 242 new deaths and 14,840 new cases of the flu-like virus, dented risk appetite.
The worldwide death...
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